Saudi Catering approves FY 2018 dividend

30/04/2019 Argaam

Shareholders of Saudi Airlines Catering Co. have approved a 55.5 percent cash dividend, or SAR 5.55 per share, for fiscal year of 2018.

 

The board of directors was also authorized to distribute quarterly or biannual dividends for the current year, the company said in a statement to Tadawul on Tuesday.

 

Dividend Details (FY 2018)

Current Capital

SAR 820 mln

Number of shares

82 mln

Dividend

SAR 455.1 mln

Percentage of capital

55.5% (SAR 5.55 per share)

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